Man Sues Over Lost Bitcoins

Claim Filed in Illinois Court Sees Approval for Class-Action Lawsuit

By

Michael J. Casey

Feb. 28, 2014 2:37 p.m. ET

A customer who claims to have had $25,000 worth of bitcoins locked up in Tokyo-based Mt. Gox, which filed for bankruptcy earlier Friday, is seeking court approval to pursue a class-action lawsuit against the digital exchange and its owners.

Gregory Greene, who filed the claim Thursday with an Illinois District Court, is seeking damages, an injunction, restitution and other remedies against Mt. Gox, its Japan-based holding company...